American multinational retail corporation Walmart Inc. has joined a blockchain-focused pharmaceutical consortium called MediLedger to enhance its supply chain, Forbes reports.
MediLedger is an open and decentralized network for the pharmaceutical supply chain which is built on the Ethereum blockchain. The network already includes such large pharmaceutical wholesalers as McKesson, AmerisourceBergen, and Cardinal Health.
Last year, Walmart joined forces with the technological giant IBM to solve problems of food safety. The company also announced that all of its vegetable suppliers should send their data to a common blockchain-based tracking system by September 2019.
Moreover, back in August, the American retail giant filed a patent application for managing smart applications using blockchain. The document describes the management of smart appliances using blockchain technology. It is assumed that the new system will manage smart devices such as media players or even newspaper kiosks through distributed ledger technology.
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